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Midsouth Bancorp (NYSE:MSL)
EV/EBIT
11.57 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Midsouth Bancorp's enterprise value is $287.67 Mil. Midsouth Bancorp's operating income for the trailing twelve months (TTM) ended in Jun. 2014 was $24.85 Mil. Therefore, Midsouth Bancorp's EV/EBIT ratio for today is 11.57.

MSL' s 10-Year EV/EBIT Range
Min: 6.4   Max: 33.4
Current: 11.57

6.4
33.4

During the past 13 years, the highest EV/EBIT Ratio of Midsouth Bancorp was 33.40. The lowest was 6.40. And the median was 14.50.

MSL's EV/EBITis ranked higher than
84% of the 1927 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 17.23 vs. MSL: 11.57 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Midsouth Bancorp's enterprise value for the quarter that ended in Jun. 2014 was $293.95 Mil. Midsouth Bancorp's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was $24.85 Mil. Midsouth Bancorp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was 8.45%.


Definition

Midsouth Bancorp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=287.670/24.847
=11.58

Midsouth Bancorp's current Enterprise Value is $287.67 Mil.
Midsouth Bancorp's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 5.128 (Sep. 2013 ) + 5.108 (Dec. 2013 ) + 8.56 (Mar. 2014 ) + 6.051 (Jun. 2014 ) = $24.85 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

This is a more accurate valuation of companies' operation because it consider the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt).

Midsouth Bancorp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Jun. 2014 )
=24.847/293.9475
=8.45 %

Midsouth Bancorp's Enterprise Value for the quarter that ended in Jun. 2014 was $293.95 Mil.
Midsouth Bancorp's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 5.128 (Sep. 2013 ) + 5.108 (Dec. 2013 ) + 8.56 (Mar. 2014 ) + 6.051 (Jun. 2014 ) = $24.85 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Operating Income, Earnings Yield (Joel Greenblatt)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Midsouth Bancorp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 11.4612.6316.9215.7523.3533.5719.6819.8716.1613.17

Midsouth Bancorp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebit 10.3814.4012.5816.1612.2616.5515.9913.1710.3911.83
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